Société de Cultures légumières (SCL)

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Société de Cultures Légumières (SCL SA) was created in 2006 in St Louis, Senegal.

SCL produces, packages, and exports fresh vegetables (principally sweet corn but also sweet potato, asparagus, butternut, chilli, beans) to UK during the winter season in Europe. In this period there is an insufficient supply from traditional producing countries (Morocco, Spain, Israel, Egypt) due to climate constraints (Dec-March). This lack of supply leads to beneficial commercial transactions  in terms of unit selling prices and sustainable relationships with business partners to secure their supply chain. Today, SCL develops itself more and more in a 12 month business, targeting local market as well for about 20% of its production (onions, peanuts, sweet potatoes, butternut).

BIO’s 2007 and 2008 investments were applied to finance the acquisition of new material during the first years of the company and the 2013 4 million € loan is used for SCL expansion project. This concerns the development of 690 ha (out of 900 ha new acquired land) for the production of sweet corn, sweet potatoes and butternut. The project includes a pumping station for irrigation purposes, packing house (extension) and infrastructure.  This new project site (Ngalam) is located 40 km from SCL existing farm.

SCL is liaising with small local farmers for the production of sweet potatoes. SCL also shows a strong commitment to local development, financing the construction of roads to open up isolated communities near the project and the installation of  water reservoirs and vaccination posts in favour of cattle care. 

Development impacts

  • Local economic growth: An additional 150 employees and up to 450 daily workers will be hired over the next 3 years in a rural and remote area.
  • Private sector consolidation / innovation: Shareholders play an active role in providing know-how and training; SCL exporting creates opportunities for many other entrepreneurs along the value chain.
  • Food security & rural development: Up to 20% of SCL’s agricultural land is used by its workers for basic food production (onions, peanuts, carrots) for the local market.
  • Access to basic services & goods: SCL is financing development projects such as the installation of water reservoirs and vaccination posts.

At the moment, BIO has two open loans to SCL, of €4M and €5M. Previous, smaller loans of € 400 K and € 600 K  have been fully paid back.

Next to loans, BIO has invested in SCL through 3 Technical Assistance projects, totalling € 57 K.

  • Investment amount (€):

    € 9 M

    Vegetables

  • Contract signature :

    2013; 2016

  • Nature of intervention :

    Loan

  • Development impacts :

    • 1 — Local economic growth
    • 2 — Private sector consolidation / innovation
    • 3 — Food security & rural development
    • 4 — Access to basic services & goods